NXT vs. ENPH
Compare and contrast key facts about Nextracker Inc (NXT) and Enphase Energy, Inc. (ENPH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NXT or ENPH.
Performance
NXT vs. ENPH - Performance Comparison
Returns By Period
In the year-to-date period, NXT achieves a -20.17% return, which is significantly higher than ENPH's -51.89% return.
NXT
-20.17%
16.71%
-27.12%
-5.44%
N/A
N/A
ENPH
-51.89%
-31.07%
-45.90%
-36.56%
26.90%
18.63%
Fundamentals
| NXT | ENPH | |
|---|---|---|
| Market Cap | $5.37B | $8.56B |
| EPS | $4.00 | $0.46 |
| PE Ratio | 9.10 | 137.78 |
| PEG Ratio | 2.51 | 1.21 |
| Total Revenue (TTM) | $2.80B | $1.25B |
| Gross Profit (TTM) | $1.01B | $570.59M |
| EBITDA (TTM) | $726.32M | $142.71M |
Key characteristics
| NXT | ENPH | |
|---|---|---|
| Sharpe Ratio | -0.08 | -0.55 |
| Sortino Ratio | 0.38 | -0.52 |
| Omega Ratio | 1.04 | 0.94 |
| Calmar Ratio | -0.10 | -0.43 |
| Martin Ratio | -0.18 | -1.62 |
| Ulcer Index | 25.32% | 21.75% |
| Daily Std Dev | 61.67% | 63.97% |
| Max Drawdown | -48.61% | -95.97% |
| Current Drawdown | -38.58% | -81.08% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between NXT and ENPH is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
NXT vs. ENPH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nextracker Inc (NXT) and Enphase Energy, Inc. (ENPH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NXT vs. ENPH - Dividend Comparison
Neither NXT nor ENPH has paid dividends to shareholders.
Drawdowns
NXT vs. ENPH - Drawdown Comparison
The maximum NXT drawdown since its inception was -48.61%, smaller than the maximum ENPH drawdown of -95.97%. Use the drawdown chart below to compare losses from any high point for NXT and ENPH. For additional features, visit the drawdowns tool.
Volatility
NXT vs. ENPH - Volatility Comparison
Nextracker Inc (NXT) has a higher volatility of 27.58% compared to Enphase Energy, Inc. (ENPH) at 25.17%. This indicates that NXT's price experiences larger fluctuations and is considered to be riskier than ENPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NXT vs. ENPH - Financials Comparison
This section allows you to compare key financial metrics between Nextracker Inc and Enphase Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities